Tag Archive for '2012 election'

Small Business Advocate Poll: Small Business Prospects over the Next Four Years

The Question:
Please tell us how you feel about the prospects for your small business over the next four years based on the influence of this one fact: President Obama has been reelected.

14% - This result will be good for my business.

68% - This result will not be good for my business.

16% - It’s too soon to tell.

My Comments:
For the past four years, we’ve polled small business owners about their prospects during and following the Great Recession. We’ve also asked what they think about President Obama’s policies. Based on our polling, as well as other surveys result I’ve reported on my radio program, the majority of small business owners are not pro-Obama.

Nevertheless, with Obama’s 2nd term now a reality, we wanted to know how small business owners feel about this, so in our most recent poll we asked this question: “Please tell us how you feel about the prospects for your small business over the next four years based on the influence of this one fact: President Obama has been reelected.” Here’s what we learned:

Those who said, “This result will be good for my business,” represented 14% of our sample, with 16% reasoning that, “It’s too soon to tell.” But the big group - 70% - allowed that, “This result will not be good for my business.”

As I predicted last January, I still believe small business owners will not hold up growth plans for four more years regardless of who wins the election, but our survey would indicate that they will pursue opportunities with great caution and judiciousness, which I fear will not contribute to rapid economic recovery in 2013.

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This week on The Small Business Advocate Show, I talked more about the new issues small businesses will have to deal with in the new normal of the next four years, including many new regulations, diminished privacy and U.N. influence. Click here to download or listen.

Check out more of Jim’s great content HERE!

Take this week’s poll HERE!

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Which candidate is best for small business?

As a leading voice for small business success, one of the factors I track and report on is public policy. In my advocacy role, I support those issues that benefit small business and oppose those that don’t, regardless of party origin.

Every four years since 2000 I have compared the policies of the two presidential candidates with regard to their alignment with small business success. Here are comparisons for the top small business issues:

Jobs = customers
President Obama’s economic recovery plan – including spending hundreds of billions on a government approach to economic growth – has failed as a jobs creator. And yet he continues to advocate more government “investment” in the economy. Mitt Romney has stated that the best way to grow the economy is to support small businesses in their efforts to grow jobs and thus create more customers for everyone.

Taxes
The largest drain on a small business’s precious working capital is taxes. President Obama thinks of tax reform as a way to redistribute wealth from “millionaires and billionaires,” but small businesses will become collateral damage. Mitt Romney proposes tax reform where job creators pay higher taxes based on their success, plus a broader tax base so more Americans have a vested interest in our country’s future.

Health care
Obamacare will cost double the initial estimate, plus impose new fines, new taxes and onerous compliance requirements on small businesses – without benefiting them. But perhaps the worst of this law is it puts small business owners in conflict with their employees and their own growth plans.

President Obama is committed to his namesake law. Mitt Romney promises to repeal Obamacare. When we polled small business owners about Obamacare, 78% agreed with Romney.

Fuel prices
Gasoline costs small businesses and their customers almost twice what it did when Barack Obama took office.

All of the increase isn’t Obama’s fault, but presidents can influence oil prices. When crude topped $140 a barrel in 2008, President Bush simply announced he wanted to remove the offshore drilling ban and oil prices dropped like a stone.

President Obama has taken no steps to reduce oil prices – rejecting the Keystone pipeline, for example – because his alternative energy policies only work when the cost of carbon fuel is high. Mitt Romney has promised to pursue the full potential of America’s domestic energy sources.

Mitt Romney is the only presidential candidate who knows what it takes to make a payroll every Friday.

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On my radio program, The Small Business Advocate Show, I talked more about my comparison of the two Presidential candidates based on issues important to the future of small business. Click here to download or listen.

Check out more great SBA content HERE!

Take this week’s poll HERE!

Watch Jim’s videos HERE!

Small Business Advocate Poll: Political conventions and dinosaurs

The Question:
Did the political conventions impact your voting plans?

4% - My mind was not changed. I’m still voting for Obama/Biden.

76%- My mind was not changed. I’m still voting for Romney/Ryan.

2% - My mind was changed. I’m now voting for Obama/Biden.

2% - My mind was changed. I’m now voting for Romney/Ryan.

16% - I still haven’t decided.

My Comments
In two previous polls, we wanted to gauge your interest with regard to political conventions and, as you know, we reported those responses - with my commentary - at the end of each convention.

For our most recent poll - post-conventions - we wanted to know how successful you thought they were, so we asked: “Did the political conventions impact your voting plans?” Here’s what you said:

Four percent of our sample said “My mind was not changed. I’m still voting for Obama/Biden, compared to 76% who said they remained committed to Romney/Ryan.

In the mind-changing category, 2% for each party said their minds had been changed by the conventions. And finally, those reporting they are still undecided - arguably the most powerful political influencers in America - came in at 16%.

So here’s what I’m getting from the past three weeks of poll responses:

  • Small business owners are more likely to be Republicans than Democrats.
  • Both parties had very little success in changing minds.
  • There are still - incredibly - a lot of people who haven’t made up their minds about who they will vote for.
  • National conventions are experiencing the same fate as the dinosaurs.

Thanks for participating in our polls, especially these associated with the election cycle in progress. Whether we like it or not, politics impacts our businesses and, as owners, we must engage in the debate and the process. Otherwise, we will be relegated to taking what politicians - and special interest groups - give us, making the assumption that we don’t care.

Small business owners, let’s begin the process of taking back our country and reinstalling Main Street values of authenticity, intellectual honesty, accountability, market-based solutions and reverence for the U.S. Constitution.

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Bill Brandt

Rich Galen

On my radio program, The Small Business Advocate Show, I talked about the impact of the 2012 political conventions and their validity in the future with Bill BrandtPresident and CEO of Development Specialists, Inc. and Democrat pundit, and Rich Galen, publisher of Mullings.com and Republican operative. Click on on the links below to download or listen.

Will political conventions be part of our political future? with Bill Brandt

Who won the battle of the conventions? with Rich Galen

Check out more great SBA content HERE!

Watch Jim’s videos HERE!

Take this week’s poll HERE!

Small Business Advocate Poll: Romney and Ryan

The Question:
Mitt Romney has chosen Wisconsin Congressman, Paul Ryan, as his VP running mate. What do you think about this decision?

71% - I Great choice! Ryan will energize the GOP base and attract independents.

18% - Bad choice for Romney - good choice for Obama.

11% - Doesn’t matter - the VP candidate isn’t important.

My Comments:
One of the most widely speculated upon and most anxiously awaited announcements for the past several months, has been who Mitt Romney would choose as his Vice Presidential running-mate.

The short list included Senators Rob Portman of Ohio and Marco Rubio of Florida, and Wisconsin Congressman Paul Ryan. Each gentleman has critical credentials - both politically and tactically - that placed them on this short list, but none had a longer list of plusses and minuses on their balance sheet than Ryan.

Consequently, when Romney announced that Ryan was his choice, it was seen as bold and gutsy by some and suicidal by others. Because the good Congressman’s thought-leadership resulted in positions and proposals for how to get America’s fiscal house in order, conservatives call him hero and liberals call him dangerous.

We wanted to know what our small business audience thought about this pick, so last week in our online poll, we asked this question: “Mitt Romney has chosen Wisconsin Congressman, Paul Ryan, as his VP running mate. What do you think about this decision?” Here’s what we learned:

One-in-six of our respondents said, “Bad choice for Romney - good choice for Obama,” while a little more than one-in-ten allowed that it, “Doesn’t matter - the VP candidate isn’t important.” But the big group, coming in a 71%, said, “Great choice! Ryan will energize the GOP base and attract independents.”

There are two things that Romney’s opponents are worried about with regard to Ryan: 1) He’s VERY smart; and 2) he’s very likeable. Apparently even those who vehemently disagree with his positions like him, including President Clinton.

Since Ryan is from a state that hasn’t helped a Republican presidential candidate in almost 30 years, this choice cannot be seen as a politically strategic one, as the Hispanic Floridian, Rubio, would have been. So that means Ryan was a tactical choice - based more on substance than positioning.

Unlike the 11% of our sample who discount the VP impact, I predict that over the next 11 weeks Ryan’s participation will move the electorate needle. Watching which way it moves will be interesting political theater.

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Yesterday on The Small Business Advocate Show I talked more about Paul Ryan as Romney’s VP choice and the impact on the election. Take a few minutes to download or listen and let me know if you agree.

Check out more great SBA content HERE!

Take this week’s poll HERE!

Small Business Advocate Poll: How will you vote for Congressional candidates?

The Question:
In the upcoming election, how will you vote for Congressional candidates?

4% - More likely to vote for an established incumbent with influence

42% - More likely to vote to send new representation to Washington

55% - Some of both

My Commentary:
One of the great political debates in the United States in recent years is how much of the problems in Washington are actually caused by the people we sent to solve the problems - the entrenched political class. There are a number of groups, especially on the Republican side of the aisle, who are dedicated to kicking out these incumbents and electing replacements who are not part of the entitled political gentry, and who will work and vote to create real solutions that fit our 21st century challenges.

We wanted to know how our small business audience was thinking about the political class vs new blood issue, so last week we asked this question: “In the upcoming election, how will you vote for Congressional candidates?” Here’s what we learned:

Over half of our respondents, 55%, said they were likely to vote for both incumbents and new faces, while more than four-of-ten of our sample said they were “more likely to vote to send new representation to Washington. And only 5% said they were more likely to “vote for an established incumbent with influence.”

That’s 95% of our audience either inclined or committed to make changes in Washington this year. If our audience is representative of America, and I think it absolutely is, these results should cause some projectile sweat to break out among the political class. Indeed, we’re already seeing the effects of this anti-incumbent movement with the retirement of a number of senior members of Congress, as well as a number being defeated by their own party in the primaries.

America has many problems, but it makes me feel better about our future when so many are demanding performance by working to take back our government from the entitled political class through our beautiful political process.

God bless America.

Check out more great SBA content HERE!

Take this week’s poll HERE!

Small Business Advocate Poll: Who’s responsible for gas prices?

The Question:
The price of gas is going up. How much, if anything, do you believe President Obama contributed to this increase?

18% - None - Market force, not politics are to blame for gas prices.

31% - 100% - Obama’s policies have directly or indirectly caused this increase.

51% - 50-50 - Markets are in play, but presidents have ways to influence gas prices.

Jim’s Comments:
As noted in Tuesday’s post, the condition of the economy, with emphasis on unemployment, will play a big part in the outcome of the 2012 presidential election. One other component that hits every American in the pocket is the price of gasoline, which right now is very high. Our question this week was designed to find out what small business owners think about who or what contributes to such high prices.

As you can see, more than eight of ten of our respondents think President Obama has caused or influenced the high prices. If you like politics, it will be very interesting to watch the President respond to the politically charged economic element of gas prices over the next eight months.

Check out more great SBA content HERE!

Take this week’s poll HERE!




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